Consumer spending declines for second straight month in February: CNBC/NRF Retail Monitor
Portfolio Pulse from
The CNBC/NRF Retail Monitor reveals consumer spending has declined for the second consecutive month in February, suggesting potential economic challenges and reduced consumer confidence. This trend could indicate consumers are becoming more cautious about their discretionary spending amid ongoing economic uncertainties.
March 18, 2025 | 11:30 am
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NEGATIVE IMPACT
The SPDR S&P Retail ETF might experience downward pressure due to consecutive months of reduced consumer spending, which could negatively impact retail sector performance.
Consecutive declines in consumer spending directly impact retail sector performance, potentially leading to reduced revenues and earnings for retail companies, which would negatively affect the XRT ETF's value.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80